Association for Little Friends Inc

Analysis

Association for Little Friends Inc is a registered charity in United States, based in Negaunee, MI. It received its IRS tax-exemption ruling in September 1978, 48 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Association for Little Friends Inc reported income of $582k and spending of $576k, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $518k to $582k (+12%), an average of +2.9% a year. The sharpest change came in the year to December 2022, when income rose by 66%. Over the whole period it spent 88% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Association for Little Friends Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 73rd percentile within MI. Charities of a similar size with the same main cause include Oseh Chessed Inc ($582k), Nutrition Child Services Agency Inc ($582k) and Heart of the Matter Transformation Retreat Inc ($582k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $77k (13% of expenses). Other salaries and wages came to $344k. At year end it held assets of $773k against liabilities of $6,241, net assets of $766k. It reported 28 employees.